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1341  Economy / Trading Discussion / Re: Why Polish bank accounts? on: March 30, 2013, 08:31:24 AM
Why not some other EU country?

It isn't just the same country, it is the same bank, right?
1342  Economy / Gambling / Re: Kingcoin: A delightfully simple spin-the-wheel game (that's provably fair) on: March 30, 2013, 08:27:38 AM
November 28, 2012
A minimum bet amount of 0.01 is now required (either BTC or points).

Can that be lowered, now considering the increased BTC/USD exchange

Additionally, could the default be lowered as well, from 0.1 BTC?   At nearly $10 per spin, that's a little high.
1343  Other / Beginners & Help / Re: Open-source trade server software on: March 30, 2013, 05:47:17 AM
Is there any open-source implementation of a web-based trading platform? You know... something like MtGox, but open-source.

Every exchange seems to have rolled their own.  Bitcoin-Central.net had at one time shared their code.  Intersango too, before they rewrote the exchange that they use today. 

Others, such as BitMe.com, wrote their own but never reached a sufficient volume to justify the effort.  Developing an exchange that is secure is an expensive endeavor.
1344  Other / Beginners & Help / Re: blockchain.info question on: March 30, 2013, 04:03:37 AM
Or does anyone have any suggestions for a UKer to buy Bitcoins?

The factors that matter in order to give you the best answer include:

 - Where are you located (country)?  [You mentioned UK, GBP currency]
 - How much are you looking to buy?
 - What payment methods do you have available?
 - How soon do you need access to the proceeds?
 - Is privacy important?


With TransferWise, for instance, the TransferWise account can be funded with GBPs and then convert to EUR.  BITSTAMP is an exchange that accepts EUR SEPA transfers.  You can even fund a TransferWise account with a bank debit card,   There is further discussion of it here:
 - http://www.reddit.com/r/BitcoinUK/comments/1b8rug/

In the UK there is also
 - http://www.bitbargain.co.uk

You can send cash (GBP) in the mail to www.bitcoinnordic.com in Denmark.
 - http://www.BitcoinNordic.com

Bitcoin Fridge is temporarily not selling but said would resume in April.
 - http://www.BitcoinFridge.co.uk

A fairly comprehensive list of options is compiled here:
 - http://en.bitcoin.it/wiki/Buying_bitcoins
1345  Other / Beginners & Help / Re: Is there any fee to send your funds in your Dwolla account to Mt.Gox account? on: March 29, 2013, 11:10:15 PM
If so, how much is the fee.

Amounts between $1 and up to $10, free.  $10.01 and up, $0.25 per transaction.
1346  Economy / Speculation / Re: Here's how you can anticipate a coming crash/correction on: March 29, 2013, 10:28:08 PM
But I don't know how anyone could know that short of working there.

Periodically a number will be shared on the #mtgox irc channel.

7,700 was the number given within the past 24 hours.
1347  Bitcoin / Bitcoin Discussion / Re: What is the easiest, safest way for me to see my private keys in satoshi client? on: March 29, 2013, 10:25:57 PM
I know there is a dumpprivkey command in the console, but is there a way to show all the private keys for all addresses in the wallet?


pywallet has a dumpwallet command.

From the console, listaddressgroupings.
 - http://bitcoin.stackexchange.com/a/8393/153
1348  Economy / Trading Discussion / Re: I put $9,000 into a new Dwolla account. 30-Day Probation Period? on: March 29, 2013, 10:23:14 PM
I would like to exchange my $9000 to USD in the shortest amount of time possible.  What is the best way I could go about doing this?

Withdraw from Dwolla back to your bank.  Send a bank wire.

Sucks I realize, but you asked for "shortest amount of time possible".

You might find some traders for smaller amounts on the MtGox <--> Dwolla thread here on the forum or on #bitcoin-otc.  I'm not sure if Camp BX is also on the list of exchanges you aren't able to use for the 30 days but you could try.

1349  Bitcoin / Hardware / Re: Crowdsourced ASIC on: March 29, 2013, 10:10:32 PM
IMO Crowdsourcing would work better for buying bulk prefab ASIC chips (from Avalon, maybe helv in the future) and working from there; less risk if knowledgeable/experienced parties are involved. Vetting processes and possible recourse laid out in contracts etc...

August 9, 2012, forum user Friedcat describes investment opportunity for ASICMINER, which was to produce the chips to be mined by related organization MOORE mining.  $100K USD funds raised via GLBSE (equity crowdfunding), a record for a GLBSE raise, I believe, up until that time.

ASICMINER: Entering the Future of ASIC Mining by Inventing It
 - http://bitcointalk.org/index.php?topic=99497.0


February 14th, 2013, ASICMINER running 2.0 Thash/s against BTC GUILD, with much more to com:
 - http://bitcointalk.org/index.php?topic=99497.msg1527549#msg1527549


The first couple of weekly dividends on those ASICMINER shares were returning dividends of well over a third of the initial investment (in terms of BTCs dividend versus BTCs issued at).
1350  Other / Beginners & Help / Re: Micro-transactions unfeasible due to rising BTC value and competitive tx fees? on: March 29, 2013, 09:40:56 PM
Can only post here unfortunately.

Incidentally, the question on Reddit got a decent response:

 - http://www.reddit.com/r/Bitcoin/comments/1b8i8q
1351  Economy / Trading Discussion / Re: Mtgox bank transfer withdraw USD? on: March 29, 2013, 09:35:07 PM
Anyone know the roughly the total cost to withdraw via bank transfer from mtgox? $1000? $10,000? Is it a flat fee or percentage?

Are you in the U.S.?  If so, withdrawing to Dwolla cost just $0.25 per transaction and then from there withdrawing to your bank is free (as an ACH transfer).

If you do a bank wire, it can cost a certain amount from Mt. Gox (roughly in the ~$20 range) and your bank may charge for an incoming wire as well (also about $20 or less).

There are multiple cash-out methods available to you:
 - http://en.bitcoin.it/wiki/Selling_bitcoins

Wire transfers may incur delays before Mt. Gox sends the funds out.
1352  Economy / Service Discussion / Re: Bitinstant bitstamp withdrawals down? on: March 29, 2013, 07:09:04 PM
Have I been doing too many bitstamp withdrawals lately?  The option seems to be gone.

I see it in the pull-down.

Also at the bottom it shows:
 "Dwolla LIVE | Paypal LIVE | All Reserves UP!"

1353  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: March 29, 2013, 06:56:47 PM
I don't know if I should attribute this to the stupidity of people or if that many people really assume they will automatically get 5BTC this way.

It is a numbers game.  Eventually someone won't know how the site works, and will click the wrong thing and send funds.   Easy money, if you are doing it from a Internet cafe in some developing country.


So I'd like to leave feedback (negative) in these cases, since it REALLY bugs me to get a dozen "marked as paid" SMSs a day.

Now that needs to be made possible to do.
1354  Economy / Scam Accusations / Re: Too good to be true? www.bitswing.com (SCAM) on: March 29, 2013, 06:45:53 PM
I have done the necessary to get my money back on paypal...i hope there will be not problems

Did you pay with a credit card or from your existing balance (or maybe Instant transfer from your bank?)
1355  Other / Beginners & Help / Re: The Bitcoin Rally Song on: March 29, 2013, 06:08:15 PM

I saw the Bitcoin address in there and nearly jumped out of my seat thinking that BandCamp was accepting Bitcoin for payment now.    Then I realized it was showing because it was in your description.

Catchy tune!  And the price bumped up a little while I was listening, so I'll hold off from overplaying it until we need the help.   Smiley

1356  Bitcoin / Legal / Re: How to file your taxes with Bitcoin Income? on: March 29, 2013, 05:30:41 PM
I'm a student claimed as a dependent, with minimal income yielding $0 tax.

At certain income ranges you don't even need to file a return.  Though if you need to report capital gains I'm not sure if you can avoid it.    The threshold is $400 for net self employment income.  

 - http://www.smartmoney.com/taxes/income/in-some-cases-you-dont-need-to-file-a-tax-return-20713

If you claim the mining income as revenue then you can deduct the electricity and amortize the hardware cost (instead of Section 179 expense since you wanted to depreciate over multiple years.)

And the current estimated value of BTC has nothing to do with anything until its converted to fiat right?

Either cashed out or spent or gifted even.  

Related:
 - http://en.bitcoin.it/wiki/Tax_compliance

[Disclaimer, I am not an accountant.]
1357  Other / Beginners & Help / Re: [ANNOUNCE] ZIGGAP now offering Cash Bill Pay as a payment method! (Walmart, CVS) on: March 29, 2013, 04:42:57 PM
This is a limited test run with a certain amount of Bitcoin while we work to refine our processes.

Did this completely replace the cash deposit option at any bank then?
1358  Economy / Trading Discussion / Re: Easy way to get cash into bitcoins on: March 29, 2013, 04:41:16 PM
Ok a while back I recall someone getting a processing system going wherein you can take cash to a place like Walmart, and buy something that can then be transferred into MtGox or into bitcoins directly or something.  Well I ignored it for a while, but now that I'm interested again and can't find this information.
 
For that matter, anyone else have an easy way to either transfer via ACH, or Credit Card, or cash to a reputable bitcoin exchange?

You are referring to ACH so presumably that means you are in the U.S.   If so the suggestions so far are good, Coinbase, up to $100 per drawn from your bank account, until you have 30 days then it can get bumped to a higher limit.    You don't get the coins right away but the exchange rate is locked in (with the presumption there that they don't determine it to be "high risk" and cancel it between after you started waiting and when their deadline for delivery arrives).

BitFloor, cash deposit at Bank of America (no account needed there) or online if you have an CapitalOne 360/ING account.

A method using Dwolla is likely the cheapest, though there too you are stuck during a starting 30-day probationary period before you can use the funds for deposit to a Bitcoin exchange.  Once you are past that though it work great, just $0.25 per-transaction.   The exchanges that take Dwolla currently are Camp BX and MtGox, and more are coming.

There might be some other methods that work for you as well.  Ziggap is down for maintenance at the moment but they have a cash deposit method through Western Union.

Here's the fairly comprehensive list:
 - http://en.bitcoin.it/wiki/Buying_bitcoins
1359  Bitcoin / Press / Re: 2013-03-29: Bitcoin Under Attack? Dwolla & Mt. Gox Both Hit With DDoS Attacks on: March 29, 2013, 03:49:38 PM
Seriously, was MtGox really under attack? It seemed more like the usual server problems.

Biggest DDoS (i.e., most bits per second thrown at them) in "ages" was the comment I read.  There was a lot of speculation in the #mtgox IRC channel about the possibly reasons why and when.
1360  Bitcoin / Legal / Re: Does FinCEN regulation legitimates MTGox redeemable codes? on: March 29, 2013, 02:23:25 PM
I would think these MtGox codes would fall under the same situation as a gift code. Almost every retailer around the country issues gift cards, they are not all registered as money transmiting businesses.

The retailer is an agent of the issuer (who is registered as a money service business and money transmitter).  Agents do not need to register, but the issuer does need to provide to FinCEN a list of every agent who sells the gift cards:
 - http://www.fincen.gov/financial_institutions/msb/agentlist.html

Am I correct? To cnotinue to operate as exchange they have to register as Money Service Busines at Federal level and that's it.

I think there are a lot of lawyers getting billable work from BitInstant.com, Ziggap.com, Coinlab.com, Coinbase.com, BitFloor.com, CampBX.com, WeExchange.co, FastCash4Bitcoins.com, BitcoinsDirect.com, Coinsetter.com, and Kraken.com, OKPay.com, BTCPak.com, BitSpend.com, BTCInstant.com, BTCBuy.info, Coinabul.com, and others.

And that's just ones based in the U.S.,   FinCEN has made it pretty clear that if you serve customers from the U.S., the same registration requirements apply -- so include MtGox.com, Bitcoin-Central.net, BITSTAMP.net, BTC-E.com, VirtEx.com, VirWoX.com, BitcoinNordic.com, LocalBitcoins.com, etc., etc, etc, in the list that would want to keep a close eye on how the U.S. law applies to them.  Or not.
 - http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html
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